0 Coy Burgess Loop DeFuniak Springs, FL 32435
This exceptional 3.32-acre commercial land parcel presents a remarkable investment opportunity in DeFuniak Springs, Florida. Boasting a prime location with direct Interstate-10 and US-331 access, this property enjoys exposure to over 28,000 vehicles daily. Currently zoned C-2, it allows for a wide array of commercial uses. Approximately 2.9 acres are uplands. The site is strategically situated adjacent to a nearly fully occupied Holiday Inn Express, and directly across from a significant 150-acre master-planned community development dedicated to veterans. This thriving area features numerous national retail establishments including Walmart, Lowe's, Tractor Supply, and various fast-food chains, ensuring high visibility and strong consumer traffic. The property's location in Walton County, Florida, offers the added benefit of being in an income tax-free state. DeFuniak Springs has also been recognized as one of Florida's best small towns, adding to the area's appeal. The parcel's APN is 03-2N-19-18000-010-0020. The asking price for this exceptional development opportunity is $895,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.